Title:
China’s Blockchain Infrastructure to Extend Global Reach With Six Public Chains
Author:
David Pan
Published:
Coindesk, 21 July 2020
https://www.coindesk.com/chinas-blockchain-infrastructure-to-extend-global-reach-with-six-public-chains
From the article:
"A blockchain infrastructure backed by the Chinese government will open its services to decentralized applications (dapp) developers on a global scale on August 10.
The move is part of China’s plan to be the one and only infrastructure provider for blockchain firms across the world. That effort resembles the country’s aggressive international expansion in other major emerging technologies such as 5G and artificial intelligence.
This global expansion is notable, given that China’s attempts to lead in other technologies have been disrupted. The Trump administration issued a new rule in May to prevent Chinese tech conglomerate Huawei, a leader in 5G technology, and its suppliers from using U.S. technology and software. The U.K. has also barred Huawei from its 5G networks.
Yet China’s global blockchain ambitions have been a smooth sail."